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2. 4. <br /> CC Work Session <br /> Meeting Date: 10/22/2024 <br /> PrimaryStrategic Plan Initiative: Identify and implement operational efficiencies,cost savings and additional <br /> g funding sources. <br /> Information <br /> Title: <br /> Review Fund Balance Policy <br /> Purpose/Background: <br /> Staff would like to update the City's fund balance policy that was last updated in 2016. <br /> Notification: <br /> Attached is the amended policy and a copy of the current policy which is known as the Allocation of <br /> Excess/Deficient General Fund Revenues. <br /> Time Frame/Observations/Alternatives: <br /> 20 minutes <br /> Recommendation: <br /> Review of revised fund balance policy for future adoption. <br /> Outcome/Action: <br /> Review of revised fund balance policy for future adoption. <br /> Attachments <br /> 2024 Proposed Fund Balance Policy <br /> 2016 Fund Balance Policy <br /> Form Review <br /> Inbox Reviewed By Date <br /> Brian Hagen Brian Hagen 10/17/2024 02:23 PM <br /> Form Started By:Diana Lund Started On: 10/15/2024 08:27 AM <br /> Final Approval Date:10/17/2024 <br />